VARUN BEVERAGES LTD
Long

VBL- A Possible rise?

384
Varun beverages has been testing its breakout levels and and interestingly it has been consolidating near retest.
Price has stopped making lower lows and now volume is pushing prices up again and again.
A price action for the reference:-
snapshot

We can call it a triple R concept as well but not until it breaks out the red line marked at 933.

Keep an eye folks fingers crossed...

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.